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September 27, 2016US S&P CORELOGIC CASE-SHILLER HOME PRICE INDICES, JULY 2016 
S&P Dow Jones Indices reports that US national house prices, as measured by the S&P CoreLogic Case - Shiller Indices rose by 0.4 per cent nationally in July (seasonally adjusted). Prices were down unchanged for the 20 largest metropolitan areas and down 0.1 per cent in the 10 largest metropolitan areas. Twelve cities saw price increases, two were unchanged and six experienced price decreases.
Compared with July 2015, US house prices grew by 5.2 per cent (seasonally adjusted) - with stronger growth among the 20-city composite (5.1 per cent) than in the 10 largest cities (4.3 per cent). US house price inflation has stabilized at a year-over-year rate of around 5.0 per cent since late 2014.
Among the major metropolitan areas monitored by the S&P CoreLogic Case - Shiller Indices, the strongest growth continues to be in Portland (OR), Seattle, Denver, and Dallas. House price inflation is slower in Chicago, Cleveland, New York City and Washington DC.
